LEAP India Q2 Profit Surges 62% YoY as Revenue Rises 18%

Logistics firm LEAP India posted a net profit of ₹17.8 crore for the second quarter of fiscal 2026-27, a 62% increase from the same period a year earlier.

Key takeaways

• Profit growth: Net profit rose to ₹17.8 cr, up from roughly ₹11 cr a year earlier.
• Revenue expansion: Operating revenue climbed 18.2% to ₹211.2 cr year‑on‑year.
• Quarterly contrast: Profit fell 28% from ₹24.7 cr in Q1 FY27, while revenue was flat to slightly higher quarter‑on‑quarter.
• Higher costs: Total expenses increased 14.7% to ₹185.2 cr, with tax outlays rising by ₹6 cr.
• Business scope: LEAP India offers supply‑chain services to FMCG, beverages, e‑commerce, automotive and retail clients.

Profit surge driven by higher margins

The company’s profit jump reflects improved margins on its logistics and equipment‑pooling services. Net profit of ₹17.8 cr includes other income of ₹4.7 cr, bringing total income to ₹215.9 cr for the quarter.

Revenue growth amid competitive market

Operating revenue of ₹211.2 cr represents an 18.2% year‑on‑year gain, outpacing the modest 3.8% increase from the prior quarter. LEAP India’s diversified client base helped sustain demand across multiple sectors.

Rising expenses offset gains

Expenses rose to ₹185.2 cr, driven by higher staffing, transportation and maintenance costs. Tax expenses added another ₹6 cr, narrowing the profit margin despite top‑line growth.

Outlook and strategic focus

Founded in 2013 by Sunu Mathew, LEAP India continues to expand its supply‑chain platform. The firm aims to leverage its equipment‑pooling and inventory‑management capabilities to capture further market share.

Why it matters: The strong profit rebound highlights the resilience of India’s logistics sector, a critical link for FMCG, e‑commerce and automotive supply chains that also serve Middle Eastern import‑export routes. Investors and regional partners will watch LEAP India’s cost management and growth strategy as the market recovers from pandemic‑era disruptions.